Capricorn and Tullow announced their merger plans in June
Capricorn expects Q4 merger progress
The proposal to combine with Tullow would create a large independent with an Africa-focused portfolio
London-listed independent Capricorn Energy expects to progress its proposed merger with fellow UK independent Tullow in the fourth quarter, but it is also assessing potential “alternative transactions”, the firm’s board confirms. “The board continues to believe that the proposed merger with Tullow can deliver significant long-term value” and create a “leading, Africa-focused energy company”, Capricorn says. The independent plans to issue documentation on the proposed merger in the fourth quarter, “ahead of a shareholder meeting”. However, Capricorn is also “assessing all options to maximise value for shareholders” by “exploring a number of expressions of interest relating to alternative tran
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
